National Business

WASHINGTON (AP) — The Senate on Monday confirmed fossil fuel executive Chris Wright to serve as energy secretary, a key post to promote President Donald Trump’s efforts to achieve U.S. “energy dominance” in the global market.

TORONTO — Canada's auto sector and the economy at large has dodged the immediate threat of tariffs but significant risks remain. The last-minute reprieve Monday afternoon before the U.S.

Ontario Progressive Conservative Leader Doug Ford is defending simultaneously wearing two hats — campaigning in a snap election he called and taking anti-tariff actions as premier.

OTTAWA — U.S. President Donald Trump agreed Monday not to impose tariffs on Canada and Mexico for another month, pulling back from a plan that would have tipped North America into a trade war on Tuesday.

The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, despite false claims by U.S.

WASHINGTON (AP) — President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America's two largest trading partners took steps to appease his concerns about border security and drug trafficking.

Canada's telecommunications regulator has upheld for now its decision allowing the country's largest providers to offer wholesale access to rivals' networks outside their core serving regions.

Ontario will pause all retaliatory measures against the United States now that the threat of tariffs has been put on hold for a month, Premier Doug Ford said Monday. Prime Minister Justin Trudeau and U.S.

TORONTO — Even as Canada gained an 11th-hour reprieve from U.S. plans to impose punishing tariffs on its goods, the loonie had earlier in the day dipped to its lowest levels in more than 20 years as the threat of a trade war weighed on the currency.

TORONTO — Canada's main stock index closed down nearly 300 points while the loonie fell to its lowest level in more than two decades on the impending threat of tariffs that wasn't lifted until after market close. Markets in both Canada and the U.S.